IPDC Inaugurates New Management System

May 23 , 2021


The Industrial Parks Development Commission (IPDC) launches an enterprise resource planning (ERP) that will automate business functions across its 13 industrial parks. The system allows for the integration of business processes across finance, human resource, sales and distribution systems, and the move is aimed at improving organisational efficiency. The software was purchased from US-based firm Oracle while implementation was handled by SoftPro International, a Mauritian company. SoftPro was selected from among seven firms that competed in the bid to implement the system. The entire process was funded with 700,000 dollars in financing from the World Bank. Two notable domestic institutions, Ethiopian Airlines and the Commercial Bank of Ethiopia (CBE), already utilise ERP systems from Oracle.


Radar

Ethiopia Buys Time, Not Relief as Creditors Stall on Debt Write-Off

Ethiopia's official creditors expect to finalise a draft restructuring of the country's debt in the coming months, granting the government more time to repay its obligations while avoiding a direct reduction to the initial debt amount. Ethiopia defaulted on its external debt in December 2023, before its leaders announced a preliminary deal in March with its Official Creditor Committee to reorganise 8.4 billion dollars, an essential step in moving beyond sovereign default. Under the agreement...


Radar

Road Injuries Increase by 35pc, with Pedestrians Most Affected

Addis Abeba's streets continue to present fatal risks for pedestrians, who account for 86pc of all traffic fatalities reported in 2023/24. Megenagna emerged as a particularly hazardous area, logging the highest number of fatalities, including 13 deaths. While the number of pedestrian deaths has dipped slightly, overall injuries have surged by 35pc since 2020/21, with eight out of 10 injuries involving those on foot. The Addis Abeba City Administration revised its 13-year road safety strate...


Radar

Awash Insurance Customer Week Discount

Awash Insurance Company(AIC), serving for over 30 years, gives a 25pc discount on Mortgage Redemption Insurance (MRI), Individual Life Insurance, Education Insurance, Workers' Compensation Insurance, and Fire & Lightning Insurance. This was announced during the celebration of Customer Week at their headquarters, on April 7,2025. Jibat Alemneh, CEO of the company said, Vehicles owners that purchased thier cars with full insurance coverage will receive enhanced benefits at no extra cost at...